agm today, page-16

Not only....

Some other strategies I employ;
- Go against momentum in good quality companies.
- buy/sell inefficiencies presented by price sensitive announcements.
- buy dogs in hot sectors, short dogs in crap sectors

But my favourite and generally the longer time frame trades I employ and the ones I share on hotcopper are:
- load up on the cheap microcap strong underlying profit forecast plays. I generally use cashflow statements, agm presentations, annual report statements, trading updates etc to fish out these ones before the wider community does.

Unfortunately i think a lot of other people are doing this now, and there are even funds popping up that specialise in this, so the ultra bargains don't hang around very long, and generally don't even exist. At the mere whiff of growth things get re-rated regardless of profits. So when the black shows up you have to pay for it.

Oh well happy to keep buying this thing, one of my favourites based on the present market news.